This news flash, dated 4 June 2026, covers FEID Circular No. 2 issued by Bangladesh Bank on 20 May 2026. The circular amends Paragraph 24(v), Section IV, Chapter 14 of the Guidelines for Foreign Exchange Transactions (GFET), Volume 1, to streamline investment operations carried out by non-resident investors through a Non-Resident Investors Taka Account (NITA).

Under the amendment, sale proceeds from securities purchased through a NITA will now be credited directly to the investor's NITA. Authorised Dealer banks are instructed to deduct the applicable tax and pay it to the Government Exchequer before the proceeds are repatriated abroad.

The news flash also notes that Authorised Dealers must deduct or withhold the applicable tax on capital gains arising from the sale of such shares or securities, in compliance with the Income Tax Act 2023. As a result, tax on these capital gains is settled in Bangladesh before sale proceeds are sent out of the country, and the Authorised Dealer bank handling the NITA carries the responsibility for that deduction and deposit.